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Max Life Insurance

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4.1

based on 3.9k Reviews

HQ - Gurgaon/Gurugram, Haryana, India Insurance 10k-50k Employees (India) Financial Services
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Max Life Insurance Salaries in India

based on 15.6k latest salaries

3.9

Rated by 3.9k Employees for salary and benefits

Top Departments at Max Life Insurance
Designation Average Salary
Yearly arrow-down

Deputy Manager

Experience: 0 - 15 yrs (605 Salaries)
₹ 4,98,125/year

(₹2.7L/yr - ₹9.1L/yr)

Relationship Associate

Experience: 0 - 7 yrs (600 Salaries)
₹ 2,65,196/year

(₹1.5L/yr - ₹3.9L/yr)

Associate Sales Manager

Experience: 0 - 8 yrs (580 Salaries)
₹ 3,54,307/year

(₹2.0L/yr - ₹4.8L/yr)

Agency Development Manager

Experience: 0 - 12 yrs (490 Salaries)
₹ 4,26,931/year

(₹1.7L/yr - ₹6.7L/yr)

Sales Manager

Experience: 0 - 11 yrs (485 Salaries)
₹ 4,33,455/year

(₹2.5L/yr - ₹6.5L/yr)

Associate Agency Development Manager

Experience: 0 - 10 yrs (393 Salaries)
₹ 3,57,710/year

(₹1.8L/yr - ₹4.8L/yr)

Relationship Manager

Experience: 0 - 12 yrs (360 Salaries)
₹ 4,77,069/year

(₹1.1L/yr - ₹7.1L/yr)

Deputy Cluster Manager

Experience: 3 - 11 yrs (271 Salaries)
₹ 5,25,664/year

(₹3.5L/yr - ₹7.1L/yr)

Area Manager

Experience: 5 - 17 yrs (233 Salaries)
₹ 8,07,355/year

(₹4.2L/yr - ₹13.1L/yr)

Operations Executive

Experience: 1 - 6 yrs (215 Salaries)
₹ 2,64,833/year

(₹1.1L/yr - ₹4.2L/yr)

Last Updated: 25 Sep, 2023

Max Life Insurance Salary FAQs

How much does Max Life Insurance pay per year?
The average Max Life Insurance salary ranges from approximately ₹0.9 Lakhs per year for a Collections Executive to ₹53.0 Lakhs per year for a Vice President Corporate. Salary estimates are based on 15.6k Max Life Insurance salaries received from various employees of Max Life Insurance. Max Life Insurance employees rate the overall salary and benefits package 3.9/5 stars.
What is the highest salary in Max Life Insurance?
The highest-paying job at Max Life Insurance is a Vice President Corporate with a salary of ₹53.0 Lakhs per year. The top 10% of employees earn more than ₹13 lakhs per year. The top 1% earn more than a whopping ₹36.93 lakhs per year.
What is the minimum salary in Max Life Insurance?
Minimum salary at Max Life Insurance depends on the role you are applying for. For Relationship Associate the minimum salary is ₹2.7 Lakhs per year, for Associate Sales Manager the minimum salary is ₹3.5 Lakhs per year and so on.
What is the salary package for freshers in Max Life Insurance?
The average salary at Max Life Insurance for freshers varies from ₹1.3 Lakhs per year for Telecalling Executive to ₹4.0 Lakhs per year for Deputy Manager. View Fresher Salaries at Max Life Insurance
What is the notice period at Max Life Insurance?
According to AmbitionBox, 45% of the Max Life Insurance employees reported a notice period of 1 Month, 22% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 13.3k responses on AmbitionBox in last 2 years.

Reviews which talk about salary at Max Life Insurance

Relationship Manager Bancassurance in Yamunanagar, Haryana

Full Time

 · 

Life Insurance Department

1.0
posted on 09 Aug 2023

1.0 for Salary and Benefits

Likes

There is nothing to like about Max Life Insurance Totally a Worst Company..

Dislikes

Dislikes Everything even the Area Manager Radha Oberoi and the HR Manager Sheena Arora and the whole F&F Team..They didn't paid my Salary neither they pay me Full and Final Settlement Amount.So please think whoever going to join this Company..they dnt understand your Family Problems even you're Sick ..they just Reject the Attendance..

Work Details

Work days: Monday to Friday (Strict Timings)

Agency Development Manager in New Delhi

Full Time

 · 

Life Insurance Department

1.0
posted on 09 Aug 2023

4.0 for Salary and Benefits

Likes

Salary is good

Dislikes

Lack of training, harrasment candidate for work , lack of field help , managers are not supportive they just bark but don't motivate agency manager at every hour . Mentally torture the candidate for work and pressurized day night equally, call anytime without thinking it's an off or weak day holiday. Never think about personal life also the manager are shameless because they trespass their manager homes without intimation and do misbehave with everyone in office. The management is not good so do not join max life

Work Details

Work timings: Flexible Timings

Assistant Manager in Mumbai, Maharashtra

Full Time

 · 

Marketing Department

1.0
posted on 03 Jul 2023

1.0 for Salary and Benefits

Likes

Nothing for like except employee exploitation, MLI is a ideal for employee exploitation.

Dislikes

Worst experience, not having value and respect of employees. Salary paid by the company to me was to much low as per industrial standards. I was accept only due to COVID situation. They take advantage of the situation and committed me 30% degraded salary as per the previous organization and after the month provided me 50% LESS salary. Then gave me again false commitment of salatlry increasing here after end of probation period of 6 months, then at end of the probation not any changes in salary but so many time changes in location of work without traveling allowance. All fake hierarchy levels in MLI.

Work Details

Work days: Monday to Saturday (Strict Timings)

Senior Officer in Amritsar, Punjab

Full Time

 · 

Life Insurance Department

4.0
posted on 02 Jul 2023

5.0 for Salary and Benefits

Likes

Max is best company in insurance sector Max always appreciate his employee & also pays a good salary, incentive, sizzler to his employee I will again join the max

Dislikes

My few colleagues always trying to misguide each other and some have jealousy for someone's being best

Work Details

Work days: Alternate Saturday off (Flexible Timings)

Work related travel: This job involves Travel Within City.

Aadm in Ghaziabad, Uttar Pradesh

Full Time

 · 

Life Insurance Department

2.0
posted on 09 Jun 2023

3.0 for Salary and Benefits

Likes

Salary come on time

Dislikes

... They will ask you to invest your salary for different things Go's meeting, Trips, advertising, pamphlet, etc no conveyance for field work. Half of the salary goes in faltu and than after doing 16 hrs 7days a week work they tell that barat main aaya hai.. so it's better you do a labour job of 8 hrs and Get 500 Rs. Per day.

Work Details

Work timings: Strict Timings

Work related travel: This job involves Travel Within City.

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Tell us how to improve this page.

Average annual salary in Max Life Insurance is INR 6.5 lakhs . Salary estimates are based on 15.6k Max Life Insurance latest salaries received from various employees of Max Life Insurance.